ScalpingX

Crypto Market Overview for Aug 24–28: $BTC cools after the squeeze as flows rotate toward $ETH , $SOL and XRP

📈 Bitcoin ended the week around $77,700–78,000 after being rejected near $81,500. Total crypto market capitalization remained close to $2.7 trillion, showing that most of the gains from the previous squeeze were still intact.

💰 ETF flows remained the main focus. After nine consecutive sessions of roughly $3.0–3.3 billion in net inflows, spot Bitcoin ETFs posted a $202 million outflow on Aug 28. During the same session, ETH ETFs still attracted about $102 million, while XRP added $26 million and SOL $18 million, pointing to capital rotation rather than a broad exit from crypto.

⚡ The earlier rally was supported by roughly $3–3.5 billion in short liquidations between Aug 19 and 22. With much of that squeeze fuel already exhausted, this week shifted toward supply absorption and a test of whether ETF demand can sustain the move.

🧱 The $80,000–82,000 area is now a key supply zone, with around 8% of BTC supply concentrated there. It also overlaps with part of the ETF cost basis and sits close to the 50-week moving average, helping explain why BTC struggled to hold above $81,500.

🔗 On-chain data also showed long-term holders beginning to realize profits, with LTH SOPR rising to around 1.066 on the day BTC lost $80,000. This suggests the rally is now meeting real supply rather than being driven only by short covering.

🌐 Capital remains concentrated in large-cap assets. ETH continues to benefit from steady ETF demand, while SOL and XRP are also attracting selective flows. However, BTC dominance remains around 57–59%, so the market still does not resemble a broad altseason.

🔍 Next week, attention turns to whether BTC can absorb supply around $80,000–82,000 and whether ETF flows return to net inflows. A sustained close above roughly $82,000–83,300 would improve the short-term structure, while a break below $74,000 could reopen deeper downside risk.

#Crypto

$LTC – Liquidation Map (7 Days) – Current Price 48.9

🔎 The 7-day liquidation map shows roughly $23 million in short liquidations above the current price, significantly exceeding approximately $11 million in long liquidations below. The liquidity structure therefore clearly favors the upside, with roughly twice as much cumulative liquidity sitting above the market.

📉 Below the market, nearby long-liquidation liquidity is concentrated around 48.5–47.9, with 47.9 standing out as the strongest nearby cluster at above $1.1 million. Additional liquidity remains notable around 47.6–47.0. Losing 48.5 would increase the probability of a sweep toward 48.2–47.9.

📈 Above the market, short-liquidation liquidity begins building around 49.4–50.0 and becomes much denser across 50.6–51.2. The strongest nearby cluster sits around 50.9–51.2, where the liquidation bar exceeds $1.5 million. A break above 49.4 would bring 49.7–50.0 into focus before 50.6–51.2.

🧭 The broader setup favors the upside because short-liquidation exposure above is roughly twice as large. Breaking 49.4 would increase the probability of a sweep toward 49.7–50.0, while losing 48.5 would shift attention toward 48.2–47.9.

#LiquidationMap

$INIT - Mcap 11.94M$ - 24h Sentiment +7.00 Bullish

SC02 M5 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is around 1.48% wide. The uptrend has lasted 11 hours 5 minutes, with the largest recorded price increase at 9.44%. If price loses this support zone, the trend will likely reverse downward.

$GIGGLE - Mcap 40.17M$ - 24h Sentiment +5.73 Bullish

SC02 M5 - pending Long order. Entry lies within HVN + not affected by any weak zone, the current support zone is around 4.63% wide. The uptrend has lasted 12 hours 20 minutes, with the largest recorded price increase at 25.48%. If price loses this support zone, the trend will likely reverse downward.

Chemical Market Overview for August 24–28: Feedstock Gains Fail to Lift Polymers

🧪 The chemical market remained highly fragmented across regions and product chains during August 24–28. Higher energy and feedstock costs did not trigger a broad polymer rally, as downstream demand stayed weak and excess capacity remained substantial.

🇨🇳 In China, methanol and benzene had risen more than 6% by mid-August, but methanol fell 2.1% during the week and PTA declined 3.7%, while most PE, PP and ABS prices moved only slightly. MEG, acetone, aniline and several solvents still advanced, showing that strength remained concentrated in selected chains.

🇪🇺 Europe showed a similar disconnect between upstream costs and finished polymers. The ethylene contract rose by 5 EUR/t and benzene increased by 184 EUR/t month-on-month, yet September PE and PP remained under downward pressure from high inventories, weak summer demand and import competition.

🏭 Low operating rates continued to act as a supply-balancing mechanism in Asia. China’s PDH utilization stood near 66.7%, while PVC operating rates remained around 66–72%, reflecting weak margins rather than a broad collapse in propylene or PVC demand.

🇺🇸 Feedstock economics continued to favor US producers. USGC ethane cracker margins remained near +18 cents/lb, while natural gasoline margins fell to around −8 cents/lb, preserving a clear cost advantage over naphtha-based crackers in Northeast Asia.

📊 Q2 earnings at BASF, Dow and LyondellBasell improved sharply after the Hormuz-related supply shock, but European chemical output remained weak and longer-term valuations were still being revised lower. Short-term profit gains therefore do not yet confirm a new industry upcycle.

🔎 In the near term, European PE/PP remains biased toward flat-to-lower pricing, methanol and benzene may stay volatile, while cost advantages continue to favor ethane-based crackers over naphtha.

#Chemicals $CL $NATGAS

$ENA – Liquidation Map (7 Days) – Current Price 0.1559

🔎 The 7-day liquidation map shows roughly $25 million in long liquidations below the current price, significantly exceeding approximately $15 million in short liquidations above. The liquidity structure therefore clearly favors the downside, with roughly 1.6–1.7 times more cumulative liquidity sitting below the market.

📉 Below the market, nearby long-liquidation liquidity is concentrated around 0.1546–0.1518. Two standout clusters sit around 0.1532 and 0.1518, where liquidation bars approach $1.2 million. Further downside liquidity remains dense across 0.1504–0.1490. Losing 0.1546 would increase the probability of a sweep toward 0.1532–0.1518.

📈 Above the market, short-liquidation liquidity begins building around 0.1594–0.1622 and increases through 0.1664–0.1692. A more prominent cluster appears around 0.1740, where a liquidation bar approaches $800,000. A break above 0.1594 would bring 0.1608–0.1622 into focus first.

🧭 The broader setup favors the downside because long-liquidation exposure below is roughly 1.6–1.7 times larger. Losing 0.1546 would increase the probability of a sweep toward 0.1532–0.1518, while breaking above 0.1594 would shift attention toward 0.1608–0.1622.

#LiquidationMap

$TWT - Mcap 209.08M$ - 24h Sentiment +2.01 Bullish

SC02 M5 - pending Long order. Entry lies within LVN + meets positive simplification with a previously highly profitable Long order, the current support zone is around 1.70% wide. The uptrend has lasted 13 hours 40 minutes, with the largest recorded price increase at 11.50%. If price loses this support zone, the trend will likely reverse downward.

$DASH - Mcap 531.74M$ - 24h Sentiment +3.92 Bullish

SC02 M5 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is around 1.55% wide. The uptrend has lasted 11 hours 5 minutes, with the largest recorded price increase at 10.64%. If price loses this support zone, the trend will likely reverse downward.

Energy Market Overview for August 24–28: Crude Oil Eases While Refined Products and LNG Remain Tight

🛢 Crude oil ended the week below its midweek highs, with WTI at $83.44 per barrel and Brent at $88.29. The pullback was driven mainly by expectations that part of the flow through the Strait of Hormuz had recovered, although estimates of actual volumes still vary widely across sources.

⛽ EIA data showed U.S. crude inventories rising by just 0.1 million barrels, while gasoline stocks fell by 2.5 million and distillates by 2.2 million barrels. Refineries were operating at 97.4% of capacity, yet product inventories continued to decline, helping keep Gulf Coast refining margins near $68 per barrel.

🚢 This suggests that current tightness is concentrated more in refined products and logistics than in headline crude availability. Shipping and war-risk insurance costs in the Gulf remain elevated, meaning cheaper barrels at the export point do not necessarily translate into cheaper delivered supply in Asia or Europe.

🔥 Gas markets remain sharply divided. Henry Hub traded near $2.88/mmBtu, while Asian spot LNG climbed to around $23.4/mmBtu and EU gas storage stood near 63%, well below its five-year average. Qatar’s extension of force majeure into October and early November continues to constrain global LNG balancing.

📊 OPEC+ is set to add 188,000 barrels per day from September, but higher production on paper may not fully resolve bottlenecks in shipping and refining. The week therefore showed that Brent alone does not fully capture the stress still present across diesel, LNG and energy logistics.

#Energy $CL $NATGAS

$MU – Liquidation Map (7 Days) – Current Price 933.3

🔎 The 7-day liquidation map shows roughly $43–44 million in long liquidations below the current price, slightly exceeding approximately $40 million in short liquidations above. The overall structure is therefore relatively balanced but modestly tilted to the downside.

📉 Below the market, nearby long-liquidation liquidity remains relatively thin around 912.6–905.6 before increasing sharply across 905.6–891.6. The strongest cluster sits around 898.6, where the liquidation bar exceeds $2.5 million, while 891.6 also contains substantial liquidity. Losing 912.6 would increase the probability of a sweep toward 905.6–898.6.

📈 Above the market, short-liquidation liquidity begins building around 935.6–942.6 and increases sharply across 949.6–956.6. The 949.6 area stands out with a liquidation bar near $1.8 million. Further out, 963.6–970.6 and 983.6–990.6 also contain notable liquidity. A break above 942.6 would bring 949.6–956.6 into focus first.

🧭 The broader setup modestly favors the downside because long-liquidation exposure below is roughly 1.1 times larger. Losing 912.6 would increase the probability of a sweep toward 905.6–898.6, while breaking above 942.6 would shift attention toward 949.6–956.6.

#LiquidationMap

$COOKIE - Mcap 10.1M$ - 24h Sentiment +2.00 Bullish

SC02 M5 - pending Long order. Entry lies within HVN + not affected by any weak zone, the current support zone is around 1.57% wide. The uptrend has lasted 17 hours 35 minutes, with the largest recorded price increase at 11.50%. If price loses this support zone, the trend will likely reverse downward.

$KOMA - Mcap 7.01M$ - 24h Sentiment +3.59 Bullish

SC02 M1 - pending Long order. Entry lies within HVN + meets positive simplification with a previously highly profitable Long order, the current support zone is around 1.72% wide. The uptrend has lasted 3 hours 11 minutes, with the largest recorded price increase at 10.59%. If price loses this support zone, the trend will likely reverse downward.

Agricultural Market Overview for August 24–28: Wheat Leads as Corn and Soybeans Extend Gains

🌾 Agricultural markets were mixed during August 24–28, although U.S. grains were broadly stronger. CBOT December wheat closed at 7.84 USD/bu, its highest level since July 2023, while December corn reached 5.36½ USD/bu and November soybeans settled at 12.88 USD/bu.

🚢 Wheat was driven mainly by Black Sea logistics disruptions rather than an outright production shortage. Constraints around Novorossiysk and Ukrainian ports made Russian and Ukrainian supplies harder to access, pushing some buyers toward more expensive U.S., French and Australian alternatives.

📈 Speculative funds were still net short Chicago wheat as of August 25, suggesting the rally was not yet fully driven by crowded long positioning. Corn showed the opposite setup, with managed money lifting net longs to around 406,000 contracts after Pro Farmer lowered its U.S. yield expectations.

🌱 Soybeans remained supported by export demand. USDA reported sales of around 2.48 million tonnes, including roughly 1.1 million tonnes to China. Soybean oil also rose sharply in the final session of the week, providing additional support to the broader soybean complex.

☕ Soft commodities moved in different directions. Arabica coffee climbed to nearly 348 ¢/lb as ICE inventories fell to around 228,000 bags, nearly 69% below year-ago levels. Cocoa gained 6% in the final session to 6,491 USD/t, while sugar fell 3.5% after a strong earlier advance.

📊 Overall, agricultural markets were driven primarily by Black Sea shipping risks, U.S. crop expectations and tight physical inventories in selected commodities. The U.S. dollar and monetary policy remained relevant, but they were not the dominant forces during the week.

#AgriculturalMarkets $BNB $SOL $GRAM

$TAO – Liquidation Map (7 Days) – Current Price 238.1

🔎 The 7-day liquidation map shows roughly $15 million in long liquidations below the current price, slightly exceeding approximately $14 million in short liquidations above. The overall structure is therefore relatively balanced but modestly tilted to the downside.

📉 Below the market, nearby long-liquidation liquidity is concentrated around 236.9–233.0 before becoming much denser across 230.9–229.1. The 229.1 area stands out with a liquidation bar above $600,000, making it one of the strongest downside clusters. Losing 236.9 would increase the probability of a sweep toward 233.0–230.9.

📈 Above the market, short-liquidation liquidity begins building around 239.9–241.7 and increases through 243.5–245.3. A larger cluster appears around 249.5–251.3, while 262.1 and 263.8 also contain notable liquidation bars. A break above 239.9 would bring 241.7–243.5 into focus first.

🧭 The broader setup modestly favors the downside because long-liquidation exposure below is roughly 1.1 times larger. Losing 236.9 would increase the probability of a sweep toward 233.0–230.9, while breaking above 239.9 would shift attention toward 241.7–243.5.

#LiquidationMap

$AGI - Mcap 16.21M$ - 24h Sentiment +6.00 Bullish

SC02 M1 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is around 2.45% wide. The uptrend has lasted 2 hours 17 minutes, with the largest recorded price increase at 15.01%. If price loses this support zone, the trend will likely reverse downward.

$HNT - Mcap 63.91M$ - 24h Sentiment +3.50 Bullish

SC02 M5 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is around 11.53% wide. The uptrend has lasted 20 hours, with the largest recorded price increase at 106.10%. If price loses this support zone, the trend will likely reverse downward.

Global Stock Market Overview, Aug. 24–28: AI Supports Gains as Rates Drive Divergence

📈 U.S. equities ended the week higher, but market breadth remained narrow. The S&P 500 and Dow Jones gained about 0.5%, while the Nasdaq rose 0.8%. In contrast, the Russell 2000 fell 1.5%. Friday reinforced the gap, with the S&P 500 down 0.25%, the Nasdaq losing 0.52%, and the Russell 2000 sliding 1.4%.

🤖 Technology remained the main driver. Nvidia reported $96.2 billion in revenue, up 106% YoY, helping its shares jump 8.7% on Aug. 27. Salesforce and CrowdStrike surged 22.6% and 20.5% after strong results. Marvell, however, fell more than 10%, showing that investors are becoming more selective within the AI theme.

🏦 Pressure returned on Aug. 28 after Fed Chair Kevin Warsh said inflation remained above target and the Fed still had work to do. Market pricing for a September rate hike rose from around 35% to 55–58%, while the U.S. 2-year Treasury yield climbed to 4.35%. Small caps, real estate and other rate-sensitive groups underperformed cash-rich mega-cap companies.

📊 Breadth also remained weak. On Aug. 27, the S&P 500 rose 0.7% and the Nasdaq gained 1.5%, while the equal-weight S&P 500 fell 0.3%, highlighting how gains remained concentrated in a relatively small group of large-cap stocks.

🌍 Outside the U.S., performance was mixed. Germany’s DAX gained about 1.8% for the week, while France’s CAC 40 fell 0.8% amid political concerns. In Asia, Taiwan’s TAIEX rose 2.5% on AI supply-chain strength, while South Korea’s KOSPI dropped 1.8% as local monetary policy turned more hawkish.

🔎 Overall, markets continued to reward companies delivering visible earnings growth, while stocks more dependent on lower interest rates remained under pressure. The rally therefore stayed selective rather than broadly risk-on.

#GlobalMarkets $NVDAB $AAPLB $GOOGL.US

$CL – Liquidation Map (7 Days) – Current Price 83.0

🔎 The 7-day liquidation map shows roughly $85 million in short liquidations above the current price, slightly exceeding approximately $70–75 million in long liquidations below. The overall structure is therefore relatively balanced but modestly tilted to the upside.

📉 Below the market, nearby long-liquidation liquidity is concentrated around 82.6–82.2, with 82.2 standing out as a major cluster above $5 million. Further downside liquidity remains dense across 81.8–81.4. Losing 82.6 would increase the probability of a sweep toward 82.2–81.8.

📈 Above the market, short-liquidation liquidity begins building sharply around 83.5–83.9, with 83.9 forming one of the strongest nearby clusters. Liquidity remains dense across 84.3–84.7, while 86.3 is another notable concentration. A break above 83.5 would bring 83.9–84.3 into focus first.

🧭 The broader setup modestly favors the upside because short-liquidation exposure above is roughly 1.1–1.2 times larger. Breaking 83.5 would increase the probability of a sweep toward 83.9–84.3, while losing 82.6 would shift attention toward 82.2–81.8.

#LiquidationMap

$CLO - Mcap 15.85M$ - 24h Sentiment +3.61 Bullish

SC02 M5 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is around 2.65% wide. The uptrend has lasted 16 hours 15 minutes, with the largest recorded price increase at 29.41%. If price loses this support zone, the trend will likely reverse downward.

$OPG - Mcap 21.45M$ - 24h Sentiment -6.00 Bearish

SC02 M5 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is around 1.48% wide. The uptrend has lasted 8 hours 50 minutes, with the largest recorded price increase at 8.58%. If price loses this support zone, the trend will likely reverse downward.